Disney, Fox to Make Additional Layoffs

Credit: The Wrap- Published 1 week ago

Additional layoffs are coming for Disney and Fox, a spokesperson for Disney confirmed to TheWrap on Wednesday.

The cuts are set to take place across Walt Disney Studios, which now includes Fox, but details about which departments are expected to be impacted are being kept private until the staff is notified. The number of...

Disney recently acquired Fox and added to their repertoire characters such as “The Simpsons.” According to Geek.com, Disney made another acquisition to grow its network and now owns Hulu. Disney already owned a piece of Hulu with ABC but after getting Fox, the piece became much bigger. To finish the job, the company is now acquiring the last 33 percent from NBCUniversal. As the get ready to launch Disney+, the company is ready to earn money from all venues.